But the legislation was not. On June 16, 1933, Roosevelt signed the Glass-Steagall Banking Reform Act . This law created the Federal Deposit Insurance Corporation . Under this new system, depositors in member banks were given the security of knowing that if their bank were to collapse, the federal government would refund their losses. Deposits up to $2500, a figure that would rise through the years, were henceforth 100% safe. The act also restricted banks from recklessly speculating depositors' money in the stock market. In 1934, only 61 banks failed .
When he returned from a comfortable and educational internment in France in 1808, he joined energetically with Scharnhorst and other members of the reform movement, helping to restructure both Prussian society and the army in preparation for what he felt to be an inevitable new struggle with the French. His duties included planning for a national insurrection against the French occupation, an enterprise that would involve a "people's war" (along the lines of the brutal guerrilla struggle in Spain) in conjunction with operations by the much-reduced Prussian army. His enthusiasm for active resistance to the French was not, however, shared by the King, who was more concerned with maintaining his position in the much-reduced Prussian state than with any patriotic crusade. Major Clausewitz's disillusionment reached a peak when occupied Prussia agreed to provide an army corps to Napoleon to assist in the 1812 invasion of Russia. Along with about thirty other officers, he resigned from Prussian service. * 13 He then accepted a commission in the Russian army in order to continue the resistance against Napoleon.
The impressment issue was complicated by the fact that . and British law defined American citizenship differently. . law allowed immigrants to become naturalized American citizens after five years residence. British law recognized American citizenship only for those residing in the . before 1783 or those born in the . since then. All others who were born in Great Britain or its colonies were deemed British subjects forever. There was no established international system defining citizenship, but England had been impressing sailors for some 400 years, giving the practice an aura of established legality.